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Russian stainless crude steel output drops in Jan-Sep

According to statistics released by Russia’s special steel association Spetsstal, the country’s stainless crude steel production totaled 71,600 tonnes during the first nine months, decreasing by 22.6% YoY.

Among them, the output of steel long products dropped by 5%; that of hot rolled products dipped by 35.8%; that of cold rolled products slumped by 58.6%, all compared to the figures in the same period of a year ago. The weak demand is the main reason behind.

Source – yieh

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